What exchange ask for KYC?

[Mcmich]

In general, I use binance.
The amount is 2BTC per day, so no verification is required.

Yes, binance is ok for me. The only thing I was required of was to do the 2FA verification before I was able to make my first withdrawal. Apart from that, all is cool.

[dearbesz1219]

Some exchanges ask to pass KYC before depositing tokens, some exchanges ask to pass KYC before making a withdrawal. And some exchanges require KYC only if you want to trade with big amount of tokens.

[buleidada]

Hello there! Who knows what exchange to use in order not to pass KYC?
I mean not only to change, but also to take your money back without it

in my opinion, the large number of markets that need KYC is not very useful to use, but with reasons for the WD limit and various reasons that I am bored myself, I hear it.

[leslie4u]

I think nowadays almost all exchange ask for KYC if you want to increase your daily withdrawal limit or otherwise. I think one should provide the docs after making sure that its a reputable exchange and that the docs will not be used for something else but then honestly there is no control this process as a customer and we can only hope they will not circulate the details elsewhere. I would say unless you really need to, do not submit docs for KYC....after all this is all about privacy...

[Dewi89]

Generally, an average exchange can withdraw without having to KYC but there is an average limit above $ 1k and if below you can withdraw at any time

[Bostraticus]

Now I use ChangeNOW, in their rules, it is indicated that they can apply KYC sometimes, however, in case of refusal, they just make a refund. They say that KYC is not required if you exchange less than 10 BTC equivalent.

[shoreno]

Now I use ChangeNOW, in their rules, it is indicated that they can apply KYC sometimes, however, in case of refusal, they just make a refund. They say that KYC is not required if you exchange less than 10 BTC equivalent.

didnt you aware that changenow is now a scam ? so many scam thread here  > https://bitcointalk.org/index.php?topic=4619534.600 , https://bitcointalk.org/index.php?topic=5044036.0 , https://bitcointalk.org/index.php?topic=5049346.0 , https://bitcointalk.org/index.php?topic=4647308.0  .  these are ony few of the scam accuse against changenow/changelly .

but your right and they are right  . kyc on exchanges are optional or if you want to increase your trading limits but kyc on ico are different  . they require it no matter how much youl invest on them .

Re: What exchange ask for KYC?

almost all centralized exchange ask for kyc but dex exchange dont require it  because they are not regulated

[livingfree]

I think this is normal. And each exchange must have a KYC.

I disagree, how about those decentralized exchanges? they don't require KYC and those are the typical exchange that we can use if we don't want to pass KYC. Some centralized exchanges are still good enough and doesn't enforce KYC but I think in the future, most of them will.

As for me, this is a necessary stage when registering on the stock exchange, and this may help reduce the number of scammers.

We aren't using stock exchange, we are in cryptocurrency, stocks are for local/international exchanges that has been using to buy stocks for your favorite and preferred company. While us, in crypto we are using crypto exchanges.

[Bostraticus]

Now I use ChangeNOW, in their rules, it is indicated that they can apply KYC sometimes, however, in case of refusal, they just make a refund. They say that KYC is not required if you exchange less than 10 BTC equivalent.

didnt you aware that changenow is now a scam ? so many scam thread here  > https://bitcointalk.org/index.php?topic=4619534.600 , https://bitcointalk.org/index.php?topic=5044036.0 , https://bitcointalk.org/index.php?topic=5049346.0 , https://bitcointalk.org/index.php?topic=4647308.0  .  these are ony few of the scam accuse against changenow/changelly .

but your right and they are right  . kyc on exchanges are optional or if you want to increase your trading limits but kyc on ico are different  . they require it no matter how much youl invest on them .

Re: What exchange ask for KYC?

almost all centralized exchange ask for kyc but dex exchange dont require it  because they are not regulated

I read these accusations, but personally, I can not take anyone's side in this issue. The user was not informed in advance, but he also made a mistake by sending a fake. In addition, there are many accusations against Binance, Coinbase etc, but many people use them without problems. Choosing ChangeNOW I evaluated the quality of this service first of all. I made several exchanges to check out, I'm not new to this. I carefully read their terms of use. I really liked ChangeNOW, and it doesn’t matter to me that someone had problems with them, especially since he received a refund. If it were otherwise, it would be a real scam.

[ash_hopper]

Now I use ChangeNOW, in their rules, it is indicated that they can apply KYC sometimes, however, in case of refusal, they just make a refund. They say that KYC is not required if you exchange less than 10 BTC equivalent.

didnt you aware that changenow is now a scam ? so many scam thread here  > https://bitcointalk.org/index.php?topic=4619534.600 , https://bitcointalk.org/index.php?topic=5044036.0 , https://bitcointalk.org/index.php?topic=5049346.0 , https://bitcointalk.org/index.php?topic=4647308.0  .  these are ony few of the scam accuse against changenow/changelly .

but your right and they are right  . kyc on exchanges are optional or if you want to increase your trading limits but kyc on ico are different  . they require it no matter how much youl invest on them .

Re: What exchange ask for KYC?

almost all centralized exchange ask for kyc but dex exchange dont require it  because they are not regulated

those threads are scam, created by one guy who tried to provide a fake id. it's quite an old story, which was resolved by the refund. there is an article about it on medium

[Thanasis]

Almost all the centralized exchanges need KYC but on some exchanges you can continue to trade in small amount without passing KYC.Even shapehift were asking for KYC so no more anonymous exchange,better to look for some decentralized exchanges.

[moynul2050]

I have done KYC on some exchangers like
Zedxe - Buy & Sell Digital Currency - https://www.zedxe.com/
IDAX.Pro - https://www.idax.pro/
a number of other exchancers also requested KYC for their data, perhaps this was intended to minimize asset theft.

[Zalaster]

There are no exchanges that do not require KYC. It depends on the number of coins because each exchange has a certain threshold at which they request your ID. DEX will never ask you about KYC, but they also have their flaws, so I do not use them.

[elitemobb]

You must understand that kyc you are passing for your security, and it is also very useful for trading large amounts, as far as I know most exchanges are allowed to trade without it if the amount of your deposit does not exceed 2 btc and I consider this a good solution for small traders.

[Fumzy]

Binanace, idex they are cool but more and more exchanges are implementing kyc as time goes on. So you would soon no longer be able to avoid it. So just try to do it now

[DiHunter]

Some dishonest exchanges are starting to implement KYC without any notifications and freeze funds of those users, who refused.

Briefly some facts about the recent case with Traidsatoshi exchange (read more here)

1. Traidsatoshi exchange raised BTC withdrawal fee to insane 400K sat.



2. Started KYC checks without notifications even for users who traded under the limit of 2000$ (above this limit KYC was required)  (Did they want to force users leave more BTC on their balances to the time when KYC started? The more BTC on the frozen balance - the greater the incentive for users to accept the KYC or more funds will be freezed, if the KYC-check will be failed)


3. Some users refused to send KYC-info to the unknown exchange with a doubtful origin.

4. Some failed to complete it, because they had different data in their profile and their IDs. (they also couldn't change their data in profile - fields are read-only).



5. So these funds will stay frozen, and some day these accounts will be closed and funds will go to the exchange.


6. Traidsatoshi staff interacted with affected and dissenting users by banning them in discord and twitter, and posting stupid pictures in their own topic.

7. After many users complaints Traidsatoshi lowered the BTC fees to attract users, cause their trading volume is incredibly low - only 11 BTC!!! It is the 190 place from overall 2 hundreds at coinmarketcap.

8.Seems, a new cycle of depriving users of their funds has started.

They are trying to hide the truth under stupid flame in their own topic, but this won't help. Tradesatoshi is an unreliable exchange for trading and listing your coins. Beware of it.

I'm posting all this to let users withdraw their funds prior blocking and not to end up hostages of the situation. But to decide freely whether they want to pass a KYC-check or not!

[Leo]

Hello there! Who knows what exchange to use in order not to pass KYC?
I mean not only to change, but also to take your money back without it

make use of Binance exchange,  there is no kyc involved for withdrawal between 2btc and below, it seems Kucoin also follow same step as Binance,  but I'm absolutely sure about Binance because I make use of it and I've been withdrawing without kyc I just did my kyc as of recent,  so go for Binance exchange

[Turash]

There are a lot of exchange don't need KYC verificatio.  The most popular exchange is Binance. It doesn’t require any KYC verification to diposite, trade or even withdraw.   

[BitcoinHunt3r]

Hello there! Who knows what exchange to use in order not to pass KYC?
I mean not only to change, but also to take your money back without it

I think there are still a lot of exchange that not ask us for KYC like binance, HitBTC, but some of them we cannot make very big amount of withdrawal. But i think that is already good because i am not always withdraw big amount of money.

[Batalo]

There are a lot of exchange don't need KYC verificatio.  The most popular exchange is Binance. It doesn’t require any KYC verification to diposite, trade or even withdraw.   

Yes Binance indeed need a KYC if you're a day trade at least you need to do the verification thing.

Level 1: 24h Withdrawal Limit：2BTC

Level 2: 24h Withdrawal Limit：100BTC  (KYC Needed)